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→Debt to GDP ratio
US government interest payments per day doubled from $1bn per day before the [[covid pandemic]] to almost $2bn per day in 2023.
US government interest payments per day doubled from $1bn per day before the [[covid pandemic]] to almost $2bn per day in 2023.
[[Reagan]] [[CBO]] director David Stackman commented on a 2024 [[Congressional Budget Office]] (CBO) forecast based on Rosy Scenario assumptions where will be no [[recession]]s, no [[inflation]] flare-ups, no [[interest rate]] spikes, no [[financial]] crises, no big [[war]]s, no global [[energy]] crises for the next 30 years. Publicly-held debt of the US government is projected by the CBO to hit 166% of GDP, towering far above the [[WWII]] peak of 106%.<ref>https://davidstockman.substack.com/p/americas-fiscal-armageddon-and-how</ref>
[[Reagan]] [[CBO]] director [[David Stockman]] commented on a 2024 [[Congressional Budget Office]] (CBO) forecast based on Rosy Scenario assumptions where will be no [[recession]]s, no [[inflation]] flare-ups, no [[interest rate]] spikes, no [[financial]] crises, no big [[war]]s, no global [[energy]] crises for the next 30 years. Publicly-held debt of the US government is projected by the CBO to hit 166% of GDP, towering far above the [[WWII]] peak of 106%.<ref>https://davidstockman.substack.com/p/americas-fiscal-armageddon-and-how</ref>
== Liberal views on China ==
== Liberal views on China ==